Industry players look to resume operations in a phased manner

NEW DELHI: Real estate industry players are looking to resume their respective operations in a phased manner starting from April 20, 2020.

This comes after Ministry of Home Affairs on April announced continuation of works in construction projects, within the limits of municipal corporations and municipalities, where workers are available on site and no workers are required to be brought from outside from April 20.

Puravankara in a BSE filing said post April, 20, 2020, we may be able to commence the work in our construction sites as per the guidelines issued by the government. We will explore the possibility of starting the construction in some of the sites, wherever, practical.

Similarly,JK Lakshmi Cementsaid in the BSE filing that the company is seeking necessary approvals from the relevant state governments authorities for resuming operations at our various plant locations.

On the basis of permission received from the Government of Gujarat, the company's Grinding Units at Kalol and Surat have become partially operational. We have taken all necessary safety measures for the workmen and employees working there, the company said in the regulatory filing.

Prism Johnson has also resumed mining operations at its cement plant at Satna. After bringing down the level of finished goods inventory to the desired level and subject to requisite permissions, the company intends to resume operations in a phased manner at some of its locations across the country starting from April 20, 2020.

The company is closely monitoring the situation which is evolving every day and would take necessary actions as may be required in the then prevailing circumstances, it said in the regulatory filing.


April 16, 2020

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